The ringleader of a dark web drug drug trafficking operating was sentenced to nine years in state prison on Nov. 2, said Manhattan District Attorney Alvin Bragg in a statement. Chester Anderson, 48, …
How DeFi has contributed to its own collapse by ignoring security and using poor tokenomics
Early in 2021, decentralized finance (DeFi) drove the explosive expansion of cryptocurrencies, but since then, the value of the crypto market has collapsed. Global markets and developers’ carelessness …
DeFi Protocol Solend Struck by $1.26M Oracle Exploit
Solana-based decentralized finance (DeFi) protocol Solend has suffered an exploit in relation to pricing oracles, resulting in $1.26 million in bad debt. The exploit was centered around the hubble …
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$28M stolen from cryptocurrency exchange Deribit, details inside
Cryptocurrency options and futures exchange Deribit has been hacked, with $28 million being drained from its hot wallet. During an appearance on CoinDesk TV on Wednesday, Deribit's chief commercial …
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Binance CEO sees no threat to crypto from central banks’ digital currencies
Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology and build trust among sceptics, the CEO of the world's …
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Moneygram to enable users to buy, sell and hold cryptocurrency via mobile app
Global digital peer-to-peer payments company MoneyGram announced on Nov. 1 that users in nearly all U.S. states and the District of Columbia, can buy, sell, and hold cryptocurrency, specifically …
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Implementing blockchain: Why a security strategy must come first
More industries are incorporating blockchain applications into their business, drawing the attention of threat actors — like the recent Axie attack, for example. As a result, many cybersecurity …
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We’re Going Through A Machine Identity Crisis
Zero trust is an acknowledgment that legacy network controls like firewalls and VPNs are not enough to secure the enterprise. This has become increasingly true due to digital transformation, cloud …
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Crypto-Linked Terror Attacks Probably Quadrupled, UN Official Says: Report
Crypto-financed terror attacks probably quadrupled in the past few years, according to a United Nations official interviewed by Bloomberg. Svetlana Martynova, a senior legal officer at the United …
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Cryptocurrency Industry Regulation Proposals by the Market Players
In view of the recent publishing by the Financial Stability Board (FSB) of the report on the proposed framework for international regulation of the cryptocurrency industry, which was a result of FSB’s …
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